(A) The Tell City Electric Department has the authority to provide joint high speed wireless internet service for the municipality of Tell City as well as the entire 547 telephone exchange service area as long as such area lies within six miles of the current corporate limits of Tell City pursuant to I.C. § 8-1.5-2 and I.C. § 8-1.5-3.
(B) The Tell City Electric Department should use only its funds generated from its operations for the purpose of financing any such venture regarding the provision of these internet services.
(C) The Tell City Electric Department is hereby authorized to negotiate revisions in the existing joint venture agreement between it and Perry-Spencer Communications, Inc.
(D) The Tell City Electric Department is further authorized to negotiate and consummate an agreement with Perry Spencer Communications, Inc. to form a business entity to construct a broadband network and provide all appropriate telecommunication services for the customers in the appropriate geographical area.
(Ord. 901, passed 11-3-2003)